The Philippine Economy

 Activity:

 pick or choose a pic that describes Philippine economy.

Philippine economy

 The Philippines is primarily considered a newly industrialized country, which has an

economy in transition from one based on agriculture to one based more on services
and manufacturing. As of 2017, GDP by purchasing power parity was estimated to
be at $1.980 trillion.[33]
 Primary exports include semiconductors and electronic products, transport
equipment, garments, copper products, petroleum products, coconut oil, and
fruits. Major trading partners include Japan, China, the United States, Singapore, 
South Korea, the Netherlands, Hong Kong, Germany, Taiwan and Thailand. The
Philippines has been named as one of the Tiger Cub Economies together with 
Indonesia, Malaysia, Vietnam, and Thailand. It is currently one of Asia's fastest
growing economies. However, major problems remain, mainly having to do with
alleviating the wide income and growth disparities between the country's different
regions and socioeconomic classes, reducing corruption, and investing in the
infrastructure necessary to ensure future growth.
For a ½ sheet of paper answer this
question in an essay form.
1. What affects Philippine economic development?
Assignment

 What is business in your own understanding?

 Kinds of business?